Shiba Inu’s daily burn rate plunged 74% over the past 24 hours as only 2.69 million SHIB tokens were permanently removed from circulation, according to data from Shibburn. The burned tokens were worth roughly $13 at current prices, highlighting a significant slowdown in community burn activity. The latest data mark a notable decline from levels recorded earlier this week, with Shibburn data showing that 8.79 million SHIB tokens were burned on June 20, making the latest daily total considerably lower. Moreover, the slowdown extends beyond a single day and reflects…
Read MoreShiba Inu Burn Activity Slows as Market Weakness Weighs on SHIB
